Business Banking Underwriter III

About the role

The Business Banking Underwriter IV is responsible for underwriting Business Banking loans to determine credit worthiness and compliance with Bank lending policy.

Responsibilities

• Supports Business Banking production by maintaining an individual pipeline of work
• Reviews all financial and credit application information to make sound credit decisions
• Underwrites loans with complex credit structures and customer exposure up to $10MM
• Utilizes single approval authority up to $4MM
• Appropriately assesses risk profile of borrower
• Assists with training and mentoring new hires and provides support for UWI, UW II & UW III job families as needed
• Performs tasks as needed to support the line of business and job family
• Acts as primary backup for manager for team huddles and meetings
• Positioned with knowledge and expertise to represent direct manager outside of function group as needed
• Collaborates with both credit and segment risk to meet or exceed department goals
• Performs other duties as assigned

Requirements

• Bachelor's degree
• 7+ years' experience with business or commercial underwriting in a centralized lending environment

Preferred Qualifications

• Bachelor's degree in business related field
• 3-4 years leadership / management experience
• Ability to underwrite credit exposures in excess of $4MM
• Previous authority to underwrite and decision credits without additional signers
• Demonstrates confidence, assertiveness, professionalism, and ability to interact with all levels within the organization in a professional manner
• Proficient use of Microsoft Office and other internet resources
• Excellence in customer service, highly motivated, focused and goal oriented
• Excellent written and verbal communication skills, including grammar and demeanor
• Strong organizational skills with attention to detail, planning and follow-up
• Ability to work independently on multiple tasks without compromising quality
• Ability to determine and make necessary changes without oversight within their functional team to better the unit as a whole

Benefits

• Health insurance coverage
• Wellness program
• Life and disability insurance
• Retirement savings plan
• Paid leave programs
• Paid holidays
• Paid time off (PTO)
• Eligible to participate in applicable incentive compensation plan

Pay

Compensation range: $70,000.00 - $140,000.00 annual salary. Actual compensation varies based on location, experience, and education.

Schedule

• Exempt status: Yes (not eligible for overtime pay)
• Workplace type: Office
• Flexible work arrangement eligible: certain positions outside branch network may combine in-office and work-from-home; specific arrangements provided by hiring team